Tag: Economic Growth

 

Which One of These Things Is Not Like the Other? Hint: OPIC

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Dear Congress:

Just a tiny point of clarification on something that regularly drives me nuts: OPIC is a development agency—not a trade promotion agency.

I know, I know, you want to lump it in with the Export-Import Bank, but if you’re going to lump, USAID and MCC make a whole lot more sense.

We Need ‘Far Fewer’ SDGs Says Leading Development Thinker John Norris

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The Sustainable Development Goals should be “ambitious but not ludicrous” says John Norris, a member of the President’s Global Development Council, set up in 2012 to advise the administration on US development policy.

Norris, a former staffer at the UN and USAID, and now at the Center for American Progress, told the CGD Podcast there should be “far fewer goals” than the current 17 and “far fewer targets” (right now there are 169).

Putting the Emphasis on Infrastructure – Dana Hyde on MCC's Next Decade

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Poverty reduction through economic growth: that is the guiding principle of the Millennium Challenge Corporation (MCC) and one it has adhered to through its first decade of operations. I sat down with MCC CEO Dana Hyde to reflect on the MCC’s first ten years and get her outlook on its next ten years.

Listen to the audio or watch the full interview below.

What the 2015 QDDR Means for USAID

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The quick answer is: not too much. The longer answer is that the 2015 Quadrennial Diplomacy and Development Review (QDDR) could be meaningful for USAID if the recommendations are backed by a shift in operations and funding within the Agency. Let me explain.

After reaffirming the elevation of development and its rightful place as a powerful foreign policy tool, the QDDR lays out four strategic priorities for USAID and the State Department:

The Man Who Almost Doubled Nigeria’s GDP

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The seed of today’s podcast was planted back in April 2014. That’s when Nigeria made a statistical change to the way it calculates its GDP. Overnight, Nigeria’s GDP estimate shot up by 89%, making it the biggest economy in Africa.

SDG Eight: Sharpening the Target on Economic Growth

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This is one of a series of CGD blogs on tweaks to the SDG targets. 

Target 8.1 calls for rapid per capita economic growth.  As this is a vital element of sustained progress on development, it is absolutely right that a comprehensive set of development goals include a growth target. 

Ben Leo Testifies on Modernizing the US Approach to Promoting Economic Engagement in Africa

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In testimony last week before the Senate Foreign Relations Subcommittee on Africa and Global Health Policy, CGD’s Ben Leo called upon Congress to modernize how the United States supports economic growth in sub-Saharan Africa. The hearing was called to reflect on the progress since the August 2014 US-Africa Leaders Summit in Washington and to address obstacles that continue to discourage greater private-sector engagement in the region.

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